No. 27

6 July 1998


Algeria Issues No OSP For July

Algeria will forego setting an Official Selling Price (OSP) for its Saharan Blend crudefor July and will instead settle prices on an individual basis, according to a seniorSonatrach marketing executive contacted by MEES last week. However, Sonatrach saidthat this measure will apply only during July. "It was difficult to assess pricesbefore the OPEC meeting," the executive said. "There was a wide range of pricesoffered before the...